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The Buckle, Inc. Message Board

  • hoopervisor2 hoopervisor2 Oct 28, 2011 10:25 AM Flag

    Hudge Dividend Check

    BKE shareholders today received a whopping $2.25 special dividend and a .20 regular dividend. I received $546.00. Nice chunk of money. One would expect stock to fall after going ex-dividend, but this stock dropped only one day then climbed back up over 44 in the following days. I regret selling 300 shares last year at this time at 36, stock only climbed higher after paying fat divi. At least I was smart enough to hold onto 223 shares. This is a cash rich-no debt company that will only get richer in 2012.

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    • Hudge??? This is a way to short the short sellers in this stock. The special dividend came early this year to put the hurt on them, I think. Management here knows how to hurt those trying to hurt them! Works well for us longs!

    • Hey guys, long time no see. I'm surprised to see that this hasn't seen more of a pull back after the special divy like it has in the past a few times.

      This is at over 15x earnings which is historically a pretty high multiplier. I've continued to look for a entry point (it was getting close to a "Buy" in my opinion when it got into the lower 30$ range), but I was looking at 30-31$ before I'd bite. I bought some at 26.x$ last year, and for whatever reason there almost always seems to be a good entry point on this one.

21.40-0.30(-1.38%)12:15 PMEDT